www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

left corner left corner
China Daily Website

Deleveraging eases loan growth

Updated: 2013-11-12 01:13
By GAO CHANGXIN in Shanghai ( China Daily)

Deleveraging eases loan growth

China's total social financing aggregate, a broad measure of liquidity in the economy, was 856.4 billion yuan in October, compared with 1.4 trillion yuan the month before. [xie zhengyi / for china daily]


New loans grew at the slowest pace in 10 months in October amid government efforts to deleverage and restructure the economy.

The deceleration was reported by the central bank on Monday as the country's top leaders held a meeting in Beijing that's expected to yield a new economic path for the nation.

Banks extended 506.1 billion yuan ($83 billion) in new yuan-denominated loans in October, less than the market consensus of 600 billion yuan, as well as the 787 billion yuan in new loans in September.

Deleveraging eases loan growth

Broad M2 money supply expanded by 14.3 percent year-on-year, the People's Bank of China said in a statement. That rate was exactly in line with the forecast in a Reuters poll.

Zhou Hao, an economist at the Australia and New Zealand Banking Group Ltd, said the low loan growth rate last month reflected the central bank's efforts to curb off-balance sheet activities.

The central bank's efforts "won't hurt the real economy", said Zhou.

Loan growth will remain low for the final two months of the year as the PBOC maintains its monetary stance, he added. Lending growth for the full year will still be high, given the rapid expansion in the first half.

"We note that the authorities have recently signaled a more hawkish policy stance," Jian Chang, a Barclays Plc analyst, wrote in a research note.

The PBOC third-quarter monetary policy report, released on Nov 5, reiterated the bank's hawkish monetary stance, saying that "the foundation for price stability is not solid" and "upward pressure on prices persists".

Jian wrote that it is consistent with Barclays' long-standing view that the PBOC should start to tighten liquidity as growth stabilizes, given rapid credit expansion and total financing growth in the first half of the year.

The GDP growth target of 7.5 percent will be met despite tighter monetary policies, said Zhou, because industrial activity has picked up recently.

Previous Page 1 2 Next Page

 
8.03K
 
...
主站蜘蛛池模板: 国产精品成久久久久三级 | 国产成人精品福利站 | 男女晚上爱爱的视频在线观看 | 中文在线三级中文字幕 | 武松大战潘金莲三级在线 | 色噜噜狠狠大色综合 | 成人高清视频免费观看 | 一级看片 | 久99re视频9在线观看 | 国产成人女人视频在线观看 | 亚州视频在线 | 日韩欧美一及在线播放 | a毛片免费在线观看 | 99re在线视频精品 | 亚洲精品人成网在线播放影院 | 综合久久一区二区三区 | 女人让男人桶的小视频 | 欧美日a | 成人www视频网站免费观看 | 亚洲三级精品 | 欧美在线一级va免费观看 | 波多野结衣免费免费视频一区 | 99久久国产综合精品五月天 | 欧美成人性色大片在线观看 | 国产99视频在线观看 | 成人免费网站在线观看 | 国产性生活 | 日本一级毛片免费 | 国产精品久久精品视 | 日韩一区精品 | 成人丝袜激情一区二区 | 免费毛片网站 | 日韩一区二区免费看 | 老司机亚洲精品影院在线 | 国产精品毛片 | 国产综合成人亚洲区 | 一级毛毛片毛片毛片毛片在线看 | 青草青99久久99九九99九九九 | 精品日本亚洲一区二区三区 | 牛人盗摄一区二区三区视频 | 国产视频三区 |